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Dollar Rent A Car
 

DOLLAR RENT A CAR operates and licenses others to operate daily car rental operations. Established over 30 years ago, DOLLAR RENT A CAR now serves the worldwide car rental market.

Franchisor Background

Year Established:

  1965

Franchising Since:

  1966

Operating Units:

Franchised Units:224 60.2%  
Company-Owned Units:148 39.8%  
 ______ _____  
Total Operating Units:372 100%  
 

Geographic Distribution:

U.S.:86 23.1% In 48 States
Canada:36 9.7% In 0 Canadian Provinces
International:250 67.2% In 0 Foreign Countries
 ______ _____  
Total:372 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California0
2. Florida0
3. Texas0

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$100K-2MM
Total Investment:$100K-2MM
Average Total Investment:$1050K
 

Fees:

Initial Franchise Fee:$12.5K+
Average Franchise Fee:$12K
On-Going Royalty:8%
Average Royalty:8%
Advertising Fee:Included

Average Number of Employees:

   Varies Full-time, 0 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Free-standing Building, Storefront, Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:400
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:At Additional Cost
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Headquarters Orientation3 Days
2. On-Site Field Training2 Weeks
3. Automation1 Week
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:4
Formal Education:4
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:5
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:DOLLAR is racial and gender neutral in its franchise development.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   24
U.S.:Yes, Not FL,MA,VT,NH,NV,AR,UT,MT
Canada:Yes, 2 Master Fran.
Overseas:Yes, Australia, China, Southeast Asia
 
 
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